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This North Carolina City Named The State’s Best For Renters

Author Melanie Day

Durham North Carolina ranked as the 18th best city for renters by Forbes. This is according to the publication’s “Best Cities For Renters Of 2023”. To create this list Forbes Advisor looked at the 96 most-populated U.S. cities. From there they compared the cities against 23 metrics relating to renters. These included average rental prices and unit sizes for both one and two-bedroom spaces, year-over-year change in pricing, and percentages of residents who are “rent burdened”. Other things considered included dog friendliness, amenities, and crime rates. Ultimately this data revealed that just one North Carolina City was named as the best for renters.

So what propelled Durham to the top? An average rent cost of $1,215 is certainly part of it. I’d gladly take that price vs what I’m paying in Charlotte. And I know that my rent is still on the lower end for the city. Rent has also decreased in Durham by -1.53% over the last year. Say what? Rent decreased? That seems like a foreign concept these days. Durham is looking more and more enticing for sure. If you want even more bang for your buck though you may want to consider the Southwest. It was Chandler and Gilbert Arizona that took the top spots on this list. And third stayed in the region- Henderson Nevada.

A North Carolina city was also among the worst cities for renters- Greensboro. They ranked 19th on this list. You can read the full study from Forbes Advisor here.

This Is Where The Money Is - The Richest Cities And Towns In North Carolina

What are the richest cities and towns in North Carolina? There is a lot of money in the state between the major cities, the mountains, the coast, and in between. The financial experts at Forbes recently conducted an analysis to determine the richest places in the state of North Carolina.  To do this they looked at over 400 cities aka census-designated places in NC. Cities were ranked on four metrics including median household income, mean household income, median home value, and median property taxes paid.

So which cities made the cut? There are several cities that are around a major lake. As well as some on the coast and the mountains in the top 5. Below you’ll find detailed info about each of the top 5 cities and towns that are the richest places in North Carolina in 2023 according to Forbes. You’ll also find info on the other cities that made the top 50 list that are in the vicinity of Charlotte.

If you live in any of these cities and towns and have some extra cash to share just let me know! Looking for more detailed information? You can get that directly from Forbes and can read more here.

Curious about the richest cities in South Carolina? You can find those here (hint it’s a lot of coastal towns)

 

 

Melanie Day is a graduate of North Carolina State University. She has worked for Beasley since 2012 in a variety of behind-the-scenes roles in both digital and promotions. Melanie writes about a diverse range of topics some of her favorites include travel, restaurants, Taylor Swift, and college athletics. When not at work you'll find her at a country concert or NC State sporting event.

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